MATTERMARK 2015 US STARTUP FUNDING REPORT 10 Year Trends in Series A Capital Deployment $16 $14 $12 $10 $8 $9.8M $6 verage Deal Size (millions USD)$4 A $2 $0 1.2006 1.2007 1.2008 1.2009 1.2010 1.2011 1.2012 1.2013 1.2014 1.2015 1.2016 120 olume90 60 Monthly Deal V30 0 1.2006 1.2007 1.2008 1.2009 1.2010 1.2011 1.2012 1.2013 1.2014 1.2015 1.2016 Deals 6 Month Moving Average SOURCES: MATTERMARK RESEARCH, CRUNCHBASE, ANGELLIST 11